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Unwinding in the capital of the Woodstock nation In August 1969, in Bethel, N.Y., some 400,000 people swarmed to Max Yasgur's 600-acre farm for the Woodstock Music & Art Fair to hear rock acts like the Who and Jimi Hendrix. In 2007, with plenty of land available and only 100 miles from New York City, people built weekend homes. As a result of all the development in 2007, Bethel has placed a moratorium on subdivisions.Draw a graph to show the change in the land market from 1969 to 2007. Explain the effects of the moratorium on the Bethel land market.
Acme Water is a privately owned firm that is sole supplier of water to a rural town in Pennsylvania. The owner of company has provided the manager of firm an incentive to maximize company's profits,
The city would borrow money to finance the project, and the daily payment required to pay off the loan over 20 years would be $8,100. How does the benefit to consumers compare to the cost of the project?
Suppose a monopolist can purchase Labor at a price w = 27 and can purchase Capital at a price r = 3. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 402 - 6Q.
Large number of tecnical training instituitions have been started by government.
office building maintenance plans call for the stripping, waxing and buffing of cereamic floor tiles. this work is contracted out to maintenance firms and both technology and labor requirements are very basic. qs=2p-20 and qd=80=2p algebraically
Alistair deposited $10,000 on July 1, 2005, in a first fund that gives interest of 31 2 percent compounded semiannually and matures on June 1, 2012. He knows that, on December 18, 2012, he can deposit money in a second fund
1. What is the consumption spending C at the equilibrium 2. The government is willing to consider an increase in public spending only if the multiplier is higher than 1.5. Base on your calculations will the government implement the increase in govern..
When maximizing profit, how much profit will she make?
The equipment has been depreciated using MACRS with a GDS property class of 7 years. The state in which the firm operates imposes a 10% corporate income tax. The firm has federal taxable income in the $10,000,000 to $15,000,000 bracket
Assets Liabilities Deposits at The Fed $40,000 Checkable Deposits $500,000 Cash $10,000 Net Worth /Capital $20,000 Loans $300,000 Securities $150,000 Fed Stock $20,000 1. What is the reserved ratio
Suppose now that an advertising campaign, paid for by the employers who offer risky jobs, stresses the excitement associated with "the thrill of injury," and this campaign changes the attitudes of the work force toward being employed in a risky jo..
Suppose that deposits and bank reserves pay no interest, and that banks lend deposits not held as reserves at the market rate of interest. Who pays the inflation tax (measured in nominal terms), and how much do they pay?
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